Digital49ers
 
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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license. Click here for a concise explanation of how it works or here for a detailed technical description.
Keep Calm and Slave On
Markets Update: Cryptocurrency Traders Are Still Searching for the Elusive ‘Bottom’
10 Dec 2018 20:50

The entire crypto-economy has been meandering just above $109 billion after the last two weeks of market dumps. Volume has been light this ...

Bitmain Shuts Down Research and Development Center in Israel
10 Dec 2018 18:50

The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology ...

Israel Tax Authority Launches Offensive on Undisclosed Crypto Earnings
10 Dec 2018 16:50

Local reports have asserted that the Israel Tax Authority has launched a renewed crackdown on unreported cryptocurrency ...

The Daily: Virtual Land Auction Goes Live, How the Crypto Crash Affects Miners
10 Dec 2018 14:40

From mining virtual currencies to purchasing virtual land, Monday’s episode of The Daily spans very different regions of the ...

FOMO: Blockchain At Miami Beach’s Art Basel 2018


10 Dec 2018 19:23

A variety of blockchain events coincided with Miami Beach’s annual art show last week. The intersection of crypto and art, though innovative, may not be as contrarian as it seems.

South Korea Wants To Develop A Blockchain-Powered Virtual Power Plant


10 Dec 2018 18:13

The virtual power plant will be a network of interconnected power sources controlled by a central IT system.

More News:  Bitcoin.com | CoinDesk | ETHNews

"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto